This FTX price prediction shows that the opinion of respected crypto experts and technical-based analysis combined predict that the long-term forecast of FTX and its native token of FTT has the potential to reach anywhere up to $327 between now and the year 2025. To avoid missing out on potential upcoming price surges in the cryptocurrency market, check out our easy-to-follow article on how to buy FTX.

“When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk.”

– Carol Loomis

News about FTX

The past few months have seen the popular cryptocurrency derivatives exchange FTX make incredible progress. The price of its native utility token (FTT) has surged by over 130% in just six weeks in the wake of a series of announcements. Leading to increased demand for an FTX price prediction.

Are you wondering if it’s too late to start investing in FTX? You’re not alone, many people are curious about whether investing now is a good idea. I was one of those people until I began to use a range of factors to research the future price of FTX such as:

  • Price history
  • The latest legislation 
  • Prediction strategies 
  • Expert analysis
  • New investors

By analyzing all of these factors, I was able to find out that there’s never a bad time to invest in FTX. For example, statistics from the leading trading platform of eToro tell us that sales have skyrocketed in the past few months, demonstrating that demand for this coin is very high.

But what does the future hold for investors who get on board now? Will it rise even further? Our FTX price prediction aims to answer all. But first, let’s start with just what FTX actually is and how it works.

What is FTX?

What is FTX?

FTX is an innovative cryptocurrency exchange that is different from the rest. Rather than offering conventional margin trading, FTX offers derivatives trading where users take advantage of leveraged tokens that allow you to take a leveraged position without dealing with the difficulties of full margin trading. 

Alongside former Google software engineer Gary Wang, FTX was founded by Sam Bankman-Fried in 2019. The latter is a 29-year-old billionaire who is something of a superstar in the crypto sphere.

Derivatives allow traders to speculate on whether a market will rise or fall. They are advanced trading products that involve trading contracts to buy or sell a product without necessarily owning the underlying product itself. 

Whilst far from the first derivatives exchange, FTX made it its mission to solve a number of problems faced by other exchanges with similar features. Things like slow trading processes, low liquidity, and what is known as clawbacks: when money is taken from investors to cover another person’s bankruptcy.

Like many cryptocurrency exchanges, FTX has its own native currency called FTT. This is the utility token used on the FTX cryptocurrency exchange. From reducing trading fees on the exchange to serving as collateral against futures positions or even staking it to earn interest, FTT has a lot of uses.

Pros and cons of FTX

Like any cryptocurrency project, FTX has its fair share of incredible pros and limiting cons. We always aim for transparency in our articles. So in this section, we’re going to cover some of the most important pros and cons of FTX and its native currency of FTT.

ProsCons
✔️ FTX has a unique position in its specialization in specializes in crypto derivatives trading.❌ Compared to competitors, FTX is fairly new to the crypto space.
✔️ Guarantees an attractive level of liquidity for all of its users.
✔️ Charges low fees on all its products and services.

FTX FAQ

Do you still have questions about FTX? Rest assured, before we get into the price prediction, next we’ll cover some frequently asked questions about FTX to give you a better understanding of the original digital asset and its price potential.

Who uses FTX and its native currency of FTT?

FTX is used by those who wish to take part in derivatives trading and take advantage of leveraged tokens that allow them to take a leveraged position without dealing with the difficulties of full margin trading. The native currency of FTT is used for staking, reducing platform fees, and serving as collateral. 

How does FTX gain value?

Like most cryptocurrency projects, the value of FTX and its native currency of FTT is largely driven by speculation in its current state. As more people discover the wide range of its uses, its value grows. Due to its innovative nature and continuous growth of significant partnerships, support for FTX is only expected to grow as cryptocurrencies become a more widely accepted alternative to fiat currencies. When it does, the value will likely grow in sync.

Can FTX reach $500 per token?

Based on its recent price surges and innovative nature of being a platform with a growing userbase, it’s possible that FTX could reach $500 per token in the long term.

Where do people buy, sell, and trade FTT?

You can buy, sell, and trade FTT from various crypto trading platforms. If you are a new investor, then we suggest using a broker like eToro. It’s safe, regulated, and beginner-friendly. The eToro interface is very simple to use, and it has an array of trading tools to allow you to trade safely.

FTX Price History

The initial price history of FTX is generally unremarkable. After launching at just over a dollar, the price hovered around its launch cost for over a year. It was in January of 2021 that the price of FTT suddenly began to surge upwards. 

After starting the year at just over $5, the price of FTX suddenly surged to $57 per token, resulting in phenomenal gains for early investors who held on long enough. But of course, this wasn’t sustainable and the price soon dropped to $25 per coin by June of 2021.

But it didn’t take long for the price to surge again. By September the price surged again and this time it reached $75 per token. It then dropped and is now sitting between $55 and $60 per token. But will the price skyrocket again? Let’s see what the crypto experts have to say!

Expert analysis of the FTX price potential

Expert analysis of the FTX price potential

One of the best tools we can use to try and determine the potential future price of FTX is to analyze the opinions of various crypto experts. Let’s delve into three estimated growth outlooks for various industry experts and analysts.

WalletInvestor

WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. When it comes to FTX, they are also bullish. Over the short term, they predict the price of FTX to reach $109.40. In the long term, WalletInvestor predicts that the price of FTX could reach somewhere around $327.52 by the end of 2025.

DigitalCoinPrice

DigitalCoinPrice is fairly bullish on its FTX outlook and expects the price to gradually increase over the long term. DigitalCoinPrice predicts it to reach $83.05 by the end of 2021, $113.95 by the end of 2023, and finally, a figure of $164.02 by 2025.

LongForecast 

Another rather bullish expert analysis on FTX is LongForecast. They predict the price of FTX in 2021 to potentially reach up to $89.21 by the end of the year. By the end of 2023, they expect it to reach $200.98 and then rise to $271.98 by the year 2025.

So from over $89 in the short term and up to $327 in the long term, the overall expert analysis on the future price of FTX is overwhelmingly bullish with some potentially lucrative returns in store for investors. But what does the technical analysis tell us about the price potential of this innovative digital asset?

Technical analysis of the FTX price potential

Technical analysis of the FTX price potential

Now we move on to technical analysis to try and predict the future price of FTX. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover long-term price predictions based on pure technicals when we assess longer time frames.

FTX Price Prediction 2021 – 2022

Since the beginning of 2021, the price of FTX skyrocketed by 252% from $15.84 to its current price of $55.79. It’s predicted that the FTX price will rise an additional 60% in the second half of 2021 and it’s then expected to close the year at $89.21. A year-to-year change of +463%. 

FTX Price Prediction 2022 – 2023

After starting the year at $89.21, it’s predicted that the price of FTX will rise to $129.35 per coin in the first half of 2022, it’s then expected to gain $9.69 and finish the year at $139.04, which is a +149% gain on the current price.

FTX Price Prediction 2023 – 2024

After starting 2023 at $139.04, FTX is expected to rise to a figure of $170.32 midway through the year before going on the rise again and ending the year at $200.08 at an overall annual increase of 260% from the current price.

FTX Price Prediction 2024 – 2025

After starting 2024 at $200.08, FTX is expected to rise to $247.25 halfway through the year. The second half of 2024 is expected to see the price of FTX end the year at a price of $271.98. That’s an overall annual increase of 388% on the current price.

Conclusion

Overall, FTX is a digital asset that has seen phenomenal performance in recent months. Managed by highly experienced figures in the crypto industry and bringing major solutions to significant issues associated with derivatives trading platforms, many expect FTX to have a very bright future ahead indeed.

Whilst many people can see the significant potential in FTX, there is a significant number of people who are wondering where to invest in this innovative investment for the long term. The answer lies in a reputable and well-established trading exchange with access to vital trading tools like eToro.

Where to buy FTX?

FTX is available to buy and trade on various trading platforms. But for beginners looking to invest in crypto, we suggest using a reliable and trusted broker service like eToro. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading. 

What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading. This allows you to multiply small amounts to become large powerful positions that drive massive profits.

Overall, the financial situation, risk tolerance, and investment strategy of each person vary. FTX is inherently volatile and the price can rise or drop at a moment’s notice, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.

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Disclaimer – This content is for informational purposes only and is not investment advice. The trading of FTX and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.